These Strategies Can Keep Money From Running Dry at the End of the Month

When you live paycheck to paycheck, the end of the month can be a tough time. (Case in point: the way we celebrate those months with an extra Friday — woot!)

Regardless of when or how frequently you’re paid in the month, those last few days can get tight. You’ve poured all your money into monthly bills and expenses, and now next month’s rent is right around the corner.

We know you’re doing your best to budget with what you’ve got — but what happens when that’s not enough?

How to Make Extra Money to Boost Your Bank Account

When you can’t stretch what you’ve got any further, get creative to add money to your bank account.

Here are some clever ways to bring in a little extra cash so you’re not running out of money at the end of the month.

1. Look for Money in Hidden Places (Not the Couch Cushions)

We’re not saying you should stop digging in couch cushions for loose change — just expand your search a little.

Items you would normally throw away could be worth a few bucks that’ll pad your bank account each month.

2. Save Your Shopping for When Everything Is on Sale

Do you waste money impulse shopping? You could save a lot — without giving up those purchases — by buying only when they’re on sale.

Enter Shoptagr, a mobile app and browser extension that keeps an eye on prices for you.

It lets you save items from over 1,600 online retailers to a single wish list. Then it notifies you in real time when an item goes on sale. Shoptagr will even watch items in a specific size and color, so you don’t have to settle for second best just to save money.

(Hosting laws vary from city to city. Please understand the rules and regulations applicable to your city and listing.)

4. Get a Refund for Things You’ve Already Bought

Can’t hold off on that purchase for a big sale? Do the next best thing: Buy it now and get a refund next time the price drops.

Your secret weapon here is an app called Earny. It scans your emails for receipts, looking for online purchases from participating retailers like Amazon and Target. Then it tracks competitor prices for items you purchased and gets you money back when it finds a better price.

Earny takes advantage of retailers’ price-match policies to negotiate a refund on your behalf. So you don’t have to do anything — just wait for a notification that you’ve earned cash back.

You’ll get a refund via your original payment method, store credit or a check in the mail, and Earny keeps a 25% “success fee,” only when it saves you money.

5. Earn Cash Back on Everything You Buy

Make sure when you spend money you’re at least making something back in return. With a cash-back credit card, you can do just that.

Try, for example, the Barclaycard CashForward™ World Mastercard®. With this card, you can get 1.5% cash rewards on every purchase — no restrictions. You can also snag a $200 bonus if you spend $1,000 within 90 days of opening the card. Oh, and there’s no fee.

8. Earn Extra Money in Your Spare Time

Demand for ridesharing has been growing like crazy, and it shows no signs of slowing down. To be eligible, you’ll need to be at least 21 years old with a year of driving experience, pass a background check and own a car made in 2007 or later.

Best of all, he does it on his own time. You can work days, nights or weekends — it’s up to you!

Since it’s simple to switch between apps, many Lyft drivers also sign up as a driver partner with Uber.

As an Uber contractor, you’re responsible for setting your schedule and motivating yourself to work — no one is keeping tabs on you. Your earnings will be calculated by adding a base fare, plus time and distance traveled after your pickup, and Uber charges a service fee (20-35% depending on your city).

If you want to give it a try there are a few things to keep in mind. You must be at least 21 years old, have three years of driving experience, have an in-state driver’s license, a clean driving record and be able to pass a criminal background check.

9. Sell Your Stuff

When you’re short on cash, start looking to the back of your closet and in the depths of your attic or basement. No, you probably won’t find cash hidden there (bonus if you do!). But you’ll probably find a bunch of things you don’t use anymore.

A lot of people see this clutter and start plotting a garage sale to earn extra money. The prospect is tempting — but a garage sale might not be worth your time.

Apps like Letgo and Decluttr make it super easy to sell your stuff without sitting in the front yard and dealing with strangers all day.

Good luck Penny Hoarders — we really hope these tips help you keep from running out of money!

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